دور العوامل المحلية والدولية في تسعير مخاطرة الأسهم الدولية: دراسة تحليلية لعينة من الاسهم العادية لأسواق الاسهم الدولية

اولاً: المصادر العربية:

(أ). الوثائق الرسمية :

البنك المركزي العراقي، التقارير السنوية لأسعار الفائدة لسوق العراق للأوراق المالية للمدة (2011-2015).

البنك المركزي الأردني، التقارير السنوية لأسعار الفائدة لسوق عمان للأوراق المالية للمدة من (2011 – 2015).

سوق السعودية للأوراق المالية، التقارير السنوية لأسعار الفائدة لسوق السعودية للأوراق المالية للمدة (2011-2015).

سوق السعودية للأوراق المالية، التقارير الشهرية لأسعار اغلاق أسهم ومؤشر سوق السعودية للأوراق المالية للمدة (2011- 2015).

سوق العراق للأوراق المالية "التقارير الشهرية لأسعار اغلاق اسهم ومؤشر سوق العراق للأوراق المالية للمدة (2011-2015)" .

سوق عمان للأوراق المالية، "التقارير الشهرية لأسعار اغلاق اسهم ومؤشر سوق عمان للأوراق المالية للمدة (2011-2015) ".

ثانياً: المصادر الأجنبية:-

A. الكتب :

Bekaert Geert & Hodrick Robert, "International Financial Management", USA: Pearson Education, Inc., Prentice, Hall, 2012.

Bhalla, v.k," Fundamentals Of investment Management ", New Delhi India : SC hand & Company Ltd ,2006.

. Binhammer –HH. Septon, peter S., "Money Banking of the Canadian Financial system ", 7th ed., ISBN an international Thomson Publishing company, , 1998.

Bodie, Zvi, Alex Cane. Alan J, Marcus ," Investment",6thed., New York, McGraw - Hill/ Irwin, 2005.

………………………………………………… ,"Essentials' Of investment " , 6th ed. , USA: McGraw – Hill Higher Education, 2007.

Brealy , A. Richard & Myers, Stewart C, " principles of corporate finance" 3rd ed., New York: McGraw-Hill International Edition , 1988.

…………………………………………………….., "principles of corporate Finance ", 4th ed., New York: McGraw –Hill, Inc., 1991.

Brigham Eugene F. & Ehrhradt Michael C. "Financial Management –Theory And Practice" 11th ed., China: Thomson, South-Western , 2005. 14th ed. , USA, Lachine publishing services, , 2005. .

............................. & Dowes, "Intermediate Financial Management" 8th ed., USA: Thomson- South, Western, 2004.

Copeland Thomas E. and Weston, J. Fred, "Financial Theory and corporate policy", 2nd ed., China: Pearson Edu, Amazon Co., 1979.

Damodaran, Aswath, "Investment Valuation: Tools and Techniques for Determining The Value of Any Assets ", 3rd ed., USA: cover, John Wiley and sons. Inc., 1996.

Emery, Douglas R., Finnerty John D., Stowe, John D., "Corporate Financial Management "3rd ed., USA: Pearson, International Edition, 2007.

FaboZZi- J. Frank and Modigliani, Franco," Capital Markets institutions and instruments", 2nd ed., New Jersey: prentice –Hall, Inc., , 1996.

Gitman Lawrences J , "Principals de Administration Financiers ", 11v ed. , Jorge: Cembalos Sebastion, Merico, ed, Person, 2007.

.……………………….., "Principles Of Managerial Finance, 12th ed., USA: Pearson Prentice Hall, 2009.

Gup, B.E, "principles of Financial Management". 2nd ed., New York: John willey & sons Inc., 1983.

Hill, Charles W.L. "International Business: competing in the Global Marketplace". K 4th ed., USA: McGraw –Hill, Irwin, 2003.

Hirschey Mark & Nofsinger John, "Investments Analysis and Behavior", 2nd ed., New York: McGraw – Hill Irwin, 2010.

Jones, P. Charles, "Investment: Analysis and Management ". 7th ed., USA:John Wiley & sons, Inc., 2000.

Madura, Jeff, "International corporate Finance", 9th ed, , China: Thmson Higher Education , 2008.

……................, "International Financial Management", 12th ed., USA: south- western college publishing, 2000.

McMenamin Jim, "Financial Management": an introduction, View all editions and fomats, New York: The Path press, 1999.

Ress Bill, "Financial Analysis", 5th ed., U.K.: prentice Hall, 1990.

Ross, A. Stephen, "Corporate Finance ",3th ed., New York: McGraw – Hill/ Irwin, amazon Com., 2001.

.......................,& Westerfield Jeffrey F., Ronadolph, W. of Jaffe J, Bradford D. Jordan,., " Modern Financial Management", 8th ed., ISBN: McGraw- Hill – Companies Inc, 2008.

Robert, Alan, Hill, "The Capital Assets Pricing Model ", 1st ed., ISBN: 2010.

Reilly Frank K., & Brown Keith C., "Analysis of Investment & Management of Portfolios", 10th ed., International Edition, , Canada: South-western, 2012.

Samuelson Paul A., Nordhaus William D., " Microeconomics: Aversion of Economics ", USA: McGraw – Hill / Irwin, Inc., 1989.

Solnik: Bruno, "International Investment", 4th, ed., Addison- Wesley, Second edition, Longman, Inc., 2000.

……………….., & McLeavey, Dennies, " Global Investment" ,6th ed., USA: Pearson Education, Inc., 2009 .

VanHorn, James C., "Financial Management and Policy", 12th ed., New Delhi: Printice- hall of India Private Limited, 2004.

Weston ,J Freed & Besley, Scott & Brigham, F .Eugene, "Essentials of Managerial Finance", 11thed., USA : Dryden press, 1996.

B . البحوث المنشورة :

Adler, M. and B. Dumas, "International (portfolio and corporation) Finance: A synthesis" The Journal of Finance.Vol. (38), No. (3), 1983.

Clauld B. Erb.& Harvey Camphill &Viscante, Tadas E. "Political Risk Economic Risk , and Financial Risk" , Financial Analysis, Journal , This paper is an earlier draft of the an article Published, Nov. Dec, 1996..

Conway L. Lackman, " Exchange Risk: A capital Asset Pricing Model Framework", Journal of Financial and Strategic Decisions, Vo. (9), No. (1), spring, 1990.

Fama, Eugene F. "" The Behavior of Stock – Market Price", Journal Of Business, Vol. (38), No. (1), Jan, 1965..

Grubel, H.G, " Internationally Diversified portfolios: Welfare Gains and Capital Flows", American Economic Review, December, Vol. (58), 1968.

Perold Andre, F. , "The Capital Asset Pricing Model" , Journal of Economic Perspectives- vol. (18), No.(3)-Summer- 2004.

Solnik B.H, "The International Pricing of risk: An Empirical Investigation of the world Capital Market Structure ", The Journal of Finance, Vol. (29). No.(2), papers and proceedings of the Thirty- second Annual Meeting of the American Finance Association, New York, December 28-30, 1973 (May 1974).

.………………..,"International Arbitrage Pricing Theory ", The Journal of Finance , Vo.xxxvlll, No.(2), May 1983.

Stehle, Richard.," An Empirical Test of the Alternative Hypotheses of National and International pricing of Risky Assets ", The Journal of Finance,Vol.(32), No.(2) May, 1977.

Sharpe, W.F. , "Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk" Journal of Finance, Vol.(19), September , 1964.

.Cالبحوث غير المنشورة.

. Black, Fischer,& Jensen Michael C. & Scholes, Myron , "The Capital Asset Pricing Model, Some Empirical Tests, in studies in the Theory of Capital Markets" ,New York, 1972.

Damodarn Aswath ,"Equity Risk Premiums (ERP): Determinants, Estimation and Implications,1 Edition, Stern School Of Business, 2012.

Harvey, C.R," Predictable Risk and Returns in Emerging Markets Review of Financial Studies 8", Published Version .DOI. , Also Published as NBER Working Paper 4621. , 1995.

Lina . Zhang & Oian Li, " "Comparing CAPM and APT in the Chines Stock Market ", 30,UMEA University, Umea School Of Business, Spring Semester ,Master thesis, two- Year, 2012.

Sercu , Piet. , "A Generalization of the International Asset Pricing Model ", Revue de lAssociation François de Finance 01/ 1980:1(1).

الوثائق والاصدارات الرسمية :.D

Germany Stock Exchange, Monthly Reports to the closing share prices and the Market Index For period (2011- 2015).

Germany Stock Exchange, The Annual Reports of the interest rates For the period (2011-2015).

Japan Stock Exchange, The Annual Reports of the interest rates for the period (2011- 2015).

Japan Stock Exchange, Monthly Reports to the closing share prices and the market Index for Period (2011- 2015).

London Stock Exchange, The Annual Reports of the interest rates for the period (2011- 2015).

London Stock Exchange, Monthly Reports to the closing share prices and the Market Index For period (2011- 2015).

New York Stock Exchange, The Annual Reports of the interest rates for the period (2011- 2015).

New York Stock Exchange, Monthly Reports to the closing share prices and the Market Index For period (2011- 2015).

The International Monetary Fund, annual report on annual GDP of the Countries of the Study Sample for the Period (2011-2015).

شبكة المعلومات الدولية : . E

.Bansal, Ravi and Dahlquist, " Sovereign Risk and return in Global Equity Markets", Center For Economic Policy Research London, 2001.

Bekaert , Geerl , Claude B. ERB, Harvey, Campbell and Tadas, E. Viskanta, "What Martters for Emerging Equity Market investment" Emerging market Quarterly, Summer, 1997.

Ladekarl. Jeep and Zervos, Sara, "Housekeeping and plumbing, the investability of Emerging Markets" , world Bank policy Research, 3229, March , 2004